During 2020, Financial Holdings, a public company, purchased equity securities for trading purposes. At December 31, 2020, the securities for Financial Holdings were as follows:

Security		Quantity			Cost		Market Value
Sabo common shares		1,000			$15,000		$13,500
PYK $1.50 preferred shares		2,000			24,000		24,500
Total					$39,000		$38,000

The following transactions with respect to Financial Holdings investments occurred during 2021:

Jan.	15		Purchased 1,500 common shares of Hazmi for $18.00 per share. The shares are designated as fair value through other comprehensive income.
Mar.	20		Received dividends on the PYK preferred shares of $1.50 per share.
June	15		Sold 700 of the Sabo common shares for $15.75 per share.
Aug.	5		Received dividends on the Sabo common shares of $2.50 per share.
Oct.	15		Received an additional 1,500 common shares of Hazmi as a result of a 2-for-1 stock split.

At December 31, 2021, the securities held by Financial Holdings were trading on the TSX at the following prices:

Security		Price
Sabo common shares		$16.00
PYK $1.50 preferred shares		13.75
Hazmi common shares		8.50

1. Show how the securities would be reported on Financial Holdings December 31, 2020, on a partial balance sheet.

2. Record Financial Holdings 2021 transactions and any required adjusting journal entries on December 31, 2021